

It doesn’t tip the scales towards any one group. Instead, the government regulates everything to ensure everyone benefits.
#SOCIALISM AND LIBERAS FREE#
Many conservatives, in particular, see socialism as the death of capitalism since it removes a free market.īusiness owners are no longer able to set prices or wages to make a profit. It comes down to what the government decides to pay its workers instead of a private CEO. Their pay may be lower, but that isn’t necessarily the case. However, those who have special skills and thus receive high pay for them will likely experience a negative relationship with socialism. This might be a great thing for businesses that tend to pay their employees meager wages. In particular, a socialist believes that the government should own and operate certain industries for the betterment of society.įor example, instead of having private businesses that set their own wages, the government would own the business and set the wages for them. To be socialist means that you support a strong government.

Socialism refers to a political philosophy that emphasizes a strong government. Here’s what you need to know about the terms socialist and liberal and how they differ. The problem with this is that it confuses the general American public and makes them wary of any new political philosophy that emerges. Many politicians choose to lump all the branches together under a single umbrella to demonize it. There are often negative connotations included in both terms.Īs with any political philosophy, however, there are several branches within both socialism and liberalism. The terms socialist and liberal get thrown around often in political rhetoric, but not everyone actually understands what those terms mean.
